Dan Ammann has abruptly left the CEO role at Cruise, the autonomous driving unit that is majority owned by General Motors.
December 17, 2021Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
VW Bets on Scania to Lead Traton’s Challenge of Daimler, Volvo
Traton SE is banking on its Swedish Scania brand, one of the world’s most profitable truck makers, to beat a path to challenging industry leaders Daimler Truck AG and Volvo AB with newcomers like Nikola Corp. also making a push.
December 17, 2021Rivian Officially Announces Georgia Site of Plant
ATLANTA — Rivian Automotive was attracted to Georgia’s education system, resources and talent when choosing a site for its $5 billion battery and assembly plant, a company official said Dec. 16 as the project was officially announced.
December 17, 2021Transportation Groups Seek Federal Help to Ease Chip Shortage
A coalition of trucking, transportation and manufacturing stakeholders in letters sent to President Joe Biden, members of his Cabinet and congressional leaders expressed concern over how the persistent shortage of semiconductors needed for manufacturing new trucks is affecting the broader economic landscape.
December 16, 2021Rivian Stumbles in Earnings Debut With Miss on EV Output
Rivian Automotive Inc. said it expects to fall short of its annual production target as the electric pickup maker gave investors the first look at its operations as a public company.
December 16, 2021Equipment Segment Marched to Higher Ground in 2021
The year 2021 will not soon be forgotten in truck equipment circles that were buffeted by a persistent severe virus carried over from 2020, by its new variants and more related supply chain and labor disruptions.
December 16, 2021GM Plots Mass-Market EV Push
General Motors Co. has talked up its electric vehicle plans for years, and even generated buzz by resurrecting Hummer’s gas-guzzling name in the form of an electric pickup truck. Now comes the tough part: selling mass-market EVs.
December 16, 2021Uber to Pilot Driverless Food Delivery in California in 2022
Uber Technologies Inc. plans to launch a driverless food-delivery pilot program in the U.S. next year, the company announced Dec. 16.
December 16, 2021Trevor Milton Seeks to Dismiss Indictment
Nikola Corp. founder Trevor Milton asked a federal judge to throw out an indictment accusing him of misleading investors about the electric vehicle maker’s financial prospects.
December 16, 2021Software Maker Samsara Rises in Trading Debut
Technology developer Samsara launched an initial public offering on Dec. 15, a move that a top executive said positions the company for continued growth by bringing in key investors to help fund future initiatives.
December 15, 2021